Distribution of Dividends

RNS Number : 9356R

Toyota Motor Corporation

08 May 2009

 



(Translation)

May 8, 2009

To Whom It May Concern:

                      Company Name: TOYOTA MOTOR CORPORATION

 Name and Title of Representative:

 Katsuaki Watanabe, President

 (Code Number: 7203

 Securities exchanges throughout Japan) 

 Name and Title of Contact Person:

 Takuo Sasaki

 General Manager, Accounting Division

                           (Telephone Number: 0565-28-2121)

Notice Concerning Distribution of Dividends from Surplus

At a meeting held on May 8, 2009, the Board of Directors of Toyota Motor Corporation ('TMC') resolved to propose an agenda asking for authorization to distribute dividends from surplus, with record date dated March 31, 2009, at the 105th Ordinary General Shareholders' Meeting to be held on June 23, 2009.  In relation to the above, we hereby inform you of the following:

1.    Details of dividends

	Amount to be proposed as Year-end dividend for FY2009	Most recent dividend forecast	Year-end dividend  paid for FY2008
Record Date	March 31, 2009	March 31, 2009	March 31, 2008
Dividend per share	35.00 yen	Not reported	75.00 yen
Total amount of dividends	109,755 million yen	-	236,195 million yen
Effective date	June 24, 2009	-	June 25, 2008
Source of dividends	Retained earnings	-	Retained earnings

2.    Reason for the dividend amount

TMC deems the benefit of its shareholders as one of its priority management policies and TMC will strive to continue to pay dividends while giving due consideration to factors such as business results  for each term, investment plans and its cash reserves.

With respect to dividends for FY2009, TMC has determined that, since TMC is facing the most difficult business environment in its history, it is extremely difficult to maintain the level of dividends paid in FY2008. Therefore, TMC plans to propose a year-end dividend of 35 yen per share, a decrease of 40 yen compared with that in FY2008, and an annual dividend of 100 yen per share, combined with the interim dividend of 65 yen per share.

 [Reference]

       Details of Dividends for the fiscal year

	Dividend per share (yen)
Record date	End of interim  period	End of fiscal  period	Total
Dividends for FY2009 (ended March 31, 2009)	65.00	35.00 (plan)	100.00 (plan)
Dividends for FY2008 (ended March 31, 2008)	65.00	75.00	140.00

 

END

 

 

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